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Exchanges expected to run out of Bitcoin 9 months after halving – Bybit report

A recent analysis by crypto exchange Bybit has sounded the alarm on a potential shortage of Bitcoin (BTC) on exchanges by the end of 2024 if demand remains at similar levels. The report predicts that reserves could be entirely depleted within the next nine months if current withdrawal rates persist — currently around 7000 BTC […] The post Exchanges expected to run out of Bitcoin 9 months after halving – Bybit report appeared first on CryptoSlate. дальше »

2024-4-17 21:51

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Tether plans $500M investment into Bitcoin mining operations

In a significant diversification of its core business of managing the USDT stablecoin, Tether Holdings Ltd. is pivoting a portion of its operations toward Bitcoin (BTC) mining. As reported by Bloomberg, Tether plans to invest approximately half a billion dollars over the next six months, a move that could significantly alter the dynamics of the […] The post Tether plans $500M investment into Bitcoin mining operations appeared first on CryptoSlate. дальше »

2023-11-16 19:40